AIG International Lease Finance Corp. News

AIG Gains $3.7 Billion Cash in Sale of Aircraft Leasing Unit AerCap Stock

American International Group Inc., the largest commercial insurer in the U.S. and Canada, raised $3.7 billion in cash by selling AerCap Holdings NV stock in a larger- than-planned transaction. AIG sold about 71.2 million shares in a public offering, the …

AIG Aims to Sell Plane Leasing Firm AerCap for $4 Billion

American International Group Inc. registered to sell its 46 percent stake in plane lessor AerCap Holdings NV for a price that values the holding at more than $4 billion, as the insurer streamlines it operations. AIG would offer 97.6 million …

AIG Reports 12.5% Rise in Profit in Benmosche’s Last Quarter As CEO

Insurer American International Group Inc. reported a better-than-expected 12.5 percent rise in quarterly profit, helped by strong performance across its major businesses and the sale of its former aircraft leasing unit. AIG noted that it bought back about $1.1 billion …

AIG Could Gain Extra $2 Billion in Sale of Plane Leasing Unit

American International Group Inc. stands to get an extra $2 billion from the cash-and-stock sale of its plane-leasing unit after acquirer AerCap Holdings NV almost doubled in New York trading. AerCap has jumped since agreeing in December to buy AIG’s …